The FTSE 100 index is up 17.2 points, or 0.29%, to 5,913.8, as a strong mining sector is reacting to better metal prices.
Miners are dominating the rising stocks, with Vedanta Resources up 3.5% to £13.88, while Lonmin has added 2.46% to £27.92 and Antofagasta is enjoying a good run with gains of 1.62% to 438p.
However oil majors are in a slight decline as crude oil prices slipped further as the situation in the Middle East improves, with BP slipping 0.41% to 605.5p, while Royal Dutch Shell is down 0.67% to £19.24 as US light crude for delivery in September is currently down $0.59 to $71.30 a barrel.
But its not all bad news as falling fuel costs have given cruise operator Carnival a lift with gains of 3.33% to £21.10, while elsewhere Old Mutual is having a good start, adding 3.5% to 162.75p.
In Japan the Nikkei 225 Stock Average ended the day down 50.52, or 0.31%, to 16,020.84 after earlier rising as much 0.8%.
Exporters had a good day after speculation the US won’t raise interest rates, with Toyota, Asia's largest carmaker, gaining 40 yen, or 0.6%, to 6,460, while Sharp rose 35, or 1.7%, to 2,050, and Nissan Motor climbed 30 yen, or 2.3% to 1,299.
Computer-related companies, which account for almost a quarter of Japan's exports also rose, with Seiko Epson gaining 70 yen, or 2.2%, to 3,250, while Elpida Memory, Japan's No. 1 chipmaker, climbed 210 yen, or 4.6%, to 4,740, and Toshiba added 19 yen, or 2.5%, to 786.
But the Nikkei's decline was led by food and pharmaceutical stocks which are less affected by fluctuations in global economic growth. Japan Tobacco dropped 8,000 yen, or 1.7%, to 453,000, while Daiichi Sankyo, Japan's third largest drugmaker, fell 60 yen, or 1.9%, to 3,180.
In the US yesteday, the Dow Jones Industrial Average stocks rallied with gains of 96.86 points, or 0.86%, to end at 11,327.12 after investors interpreted a tame increase in core consumer prices to mean the Federal Reserve will keep interest rates unchanged in the short term.
Shares of interest-rate-sensitive industrial concerns such as heavy equipment maker Caterpillar, aircraft manufacturer Boeing and General Electric were among the Dow's top gainers.
Caterpillar shares rose 2.5%, or $1.70, to $69.11, while Boeing climbed 2.9%, or $2.25, to $78.83, and Hewlett Packard rose 1.3%, or $0.44, to close at $34.43 in anticipation of its quarterly report which was announced after the close of trading.
And GE, whose businesses range from making appliances to owning a majority stake in media and entertainment company NBC Universal, performed well with gains of 1.5%, or $0.51, to $33.71.IFAonline
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till